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Author Question: EP Enterprises has the following income statement. How much net operating profit after taxes (NOPAT) ... (Read 70 times)

Emmejo01

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Question 1

During 2021, Bascom Bakery Inc. paid out $36,910 of common dividends. It ended the year with $214,500 of retained earnings versus the prior year’s retained earnings of $146,250. How much net income did the firm earn during the year?

$102,840


$103,220


$104,370


$105,160



Question 2

EP Enterprises has the following income statement. How much net operating profit after taxes (NOPAT) does the firm have?

Sales

$2,700

Costs

1,800

Depreciation

450

EBIT

450

Interest expense

120

EBT

330

Taxes (35%)

115.50

Net income

$214.50


$292.50


$294.71


$296.08


$297.30



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Marked as best answer by Emmejo01 on Aug 7, 2023

wangyichun

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Emmejo01

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Reply 2 on: Aug 7, 2023
:D TYSM


alexanderhamilton

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Reply 3 on: Yesterday
Excellent

 

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